2026 Market Report & Data · Data through May 2026 · Source: Redfin
$529K
Median Price
69
Days on Market
5.2
Months Supply
+4.0%
YoY Change
Balanced Market
Market Type
15
cities with 6+ months supply
31
cities with 3-6 months supply
41
cities with <3 months supply
Ranked by lowest median home price.
| City | Median Price | DOM |
|---|---|---|
| 1. Augusta | $50K | 121d |
| 2. Luther | $60K | 245d |
| 3. Stockett | $65K | 38d |
| 4. Acton | $83K | 61d |
| 5. Elkhorn | $95K | 84d |
| 6. Rapelje | $129K | 129d |
| 7. Custer | $135K | 34d |
| 8. Ballantine | $145K | 42d |
| 9. Walkerville | $150K | 203d |
| 10. Simms | $170K | 63d |
Ranked by highest median home price.
| City | Median Price | DOM |
|---|---|---|
| 1. Gallatin River Ranch | $3.45M | 115d |
| 2. Little Bitterroot Lake | $3.00M | 288d |
| 3. Gallatin Gateway | $2.29M | 235d |
| 4. Springhill | $1.98M | 49d |
| 5. Sedan | $1.95M | 55d |
| 6. Nye | $1.60M | 387d |
| 7. Big Sky | $1.49M | 90d |
| 8. Batavia | $1.35M | 152d |
| 9. Monarch | $1.30M | 193d |
| 10. Fox | $1.27M | 119d |
15 cities have more than 6 months of inventory — buyers can negotiate.
| City | Months Supply | Median Price | DOM |
|---|---|---|---|
| 1. Red Lodge | 17.0 mo | $900K | 64d |
| 2. Somers | 16.0 mo | $289K | 57d |
| 3. Clancy | 14.0 mo | $725K | 52d |
| 4. Lakeside | 13.7 mo | $1.25M | 42d |
| 5. Frenchtown | 13.0 mo | $785K | 26d |
| 6. Condon | 12.0 mo | $799K | 207d |
| 7. Big Sky | 8.3 mo | $1.49M | 90d |
| 8. Manhattan | 8.0 mo | $670K | 38d |
| 9. King Arthur Park | 7.5 mo | $911K | 52d |
| 10. Montana City | 7.5 mo | $800K | 78d |
41 cities have less than 3 months of inventory — sellers have the advantage.
| City | Months Supply | Median Price | DOM |
|---|---|---|---|
| 1. Worden | 0.5 mo | $415K | 50d |
| 2. Hungry Horse | 0.8 mo | $353K | 113d |
| 3. Basin | 1.0 mo | $225K | 90d |
| 4. Batavia | 1.0 mo | $1.35M | 152d |
| 5. Belt | 1.0 mo | $220K | 70d |
| 6. Broadview | 1.0 mo | $450K | 73d |
| 7. Hardy | 1.0 mo | $580K | 3d |
| 8. Hebgen Lake Estates | 1.0 mo | $465K | 13d |
| 9. Helena Flats | 1.0 mo | $874K | 49d |
| 10. Huson | 1.0 mo | $460K | 142d |
Cities where homes sell fastest, ranked by lowest median days on market.
| City | Days on Market | Median Price |
|---|---|---|
| 1. Hardy | 3d | $580K |
| 2. Rader Creek | 3d | $180K |
| 3. Marion | 6d | $583K |
| 4. Rimini | 6d | $395K |
| 5. Hebgen Lake Estates | 13d | $465K |
| 6. Carlton | 22d | $745K |
| 7. Ulm | 22d | $315K |
| 8. Willow Creek | 23d | $340K |
| 9. Frenchtown | 26d | $785K |
| 10. Lincoln | 28d | $507K |
Cities with the largest year-over-year price gains. Appreciation can signal momentum, but also affordability pressure.
| City | YoY Change | Median Price |
|---|---|---|
| 1. Evergreen | +40.2% | $575K |
| 2. Big Sky | +33.0% | $1.49M |
| 3. Helena Valley Southeast | +24.2% | $595K |
| 4. Helena Valley Northwest | +17.2% | $510K |
| 5. Kalispell | +15.5% | $537K |
| 6. Laurel | +14.9% | $347K |
| 7. Helena Valley West Central | +13.6% | $585K |
| 8. East Helena | +11.0% | $505K |
| 9. Lolo | +9.5% | $607K |
| 10. Bigfork | +4.4% | $855K |
Cities with year-over-year price declines. These can be buying opportunities — or signals of softening demand.
| City | YoY Change | Median Price |
|---|---|---|
| 1. Whitefish | -23.0% | $847K |
| 2. Missoula | -15.3% | $527K |
| 3. Four Corners | -14.8% | $979K |
| 4. Butte-Silver Bow (balance) | -4.2% | $275K |
| 5. Great Falls | -4.0% | $330K |
| 6. Bozeman | -3.4% | $627K |
| 7. Helena | -2.5% | $390K |
The Montana housing market currently shows balanced market conditions, with a median sale price of $529K and 5.2 months of inventory supply. Homes in Montana typically sell in 69 days.
Whether you're buying or selling in Montana, working with a local real estate agent who understands these market dynamics can help you achieve the best outcome. Our network of verified agents across Montana provides expert guidance tailored to your specific city and neighborhood.
Montana is currently classified as a balanced market based on months of supply data. The market is relatively balanced, offering fair conditions for both buyers and sellers. Market conditions vary by city, so check local data for your specific area.
The median home price in Montana is approximately $529K as of May 2026. Prices range significantly across the state, with Gallatin River Ranch among the most expensive areas and Augusta offering more affordable options. Work with a local real estate agent for the most current pricing in your target neighborhoods.
Selling timelines in Montana vary by city and market conditions. The fastest-selling markets include Hardy with a median of 3 days on market. Factors like pricing strategy, home condition, location, and seasonality all affect how quickly a home sells. A skilled listing agent can help price and market your home for a faster sale.
Whether to buy in Montana depends on your personal finances, timeline, and target market. Balanced conditions offer a fair environment for well-prepared buyers. Consider factors like mortgage rates, your job stability, how long you plan to stay, and local price trends. Consult with a local real estate agent who can advise on specific neighborhoods.
Start by researching agents with proven experience in your target Montana market. Look for agents with strong local transaction history, positive client reviews, and expertise in your price range. Interview at least 2-3 agents before choosing. Ask about their recent sales, marketing strategy, and communication style. Our directory features verified agents across Montana to help you find the right match.